Core Viewpoint - The introduction of the "Basic Rules for the Electricity Auxiliary Service Market" marks a significant step in the institutional regulation of China's electricity auxiliary service market, transitioning from exploration to standardized implementation [1] Group 1: Practical Foundation of the Rules - The current development of China's electricity market has made significant progress, but there are complex interconnections between various market types, necessitating the need for clear definitions and regulations for auxiliary services [2][3] - The auxiliary service market has been active in China, with a unique development history and rich practical experience, including the establishment of peak regulation and frequency regulation markets across multiple provinces [3][4] Group 2: Systematic Nature of the Rules - The "Rules" represent the first comprehensive and systematic regulatory document for the electricity auxiliary service market, covering all aspects such as market members, establishment, transaction organization, and risk prevention [5][6] - The rules emphasize a unified process for market establishment and transactions, detailing requirements for each stage from demand analysis to market operation [6] Group 3: Coordination of Internal and External Relationships - The "Rules" address the complex interrelationships between various sub-markets and the need for coordination among different levels of the electricity grid, ensuring that auxiliary services are effectively integrated [7][8] - The relationship between the auxiliary service market and the energy market is highlighted, with provisions for joint clearing and the importance of system flexibility in resource allocation [8] Group 4: Emphasis on Safety - The "Rules" prioritize safety in the operation of the electricity auxiliary service market, defining auxiliary services as essential for maintaining system stability and quality [9][10] - Responsibilities for safety are clearly assigned to market participants, with the electricity dispatching agency playing a crucial role in ensuring compliance with safety standards [10][11]

Core Points - The introduction of the "Basic Rules for the Electricity Auxiliary Service Market" marks a significant step in the institutional regulation of China's electricity auxiliary service market, transitioning from gradual exploration to a standardized phase [2][3] - Understanding the main characteristics of the "Rules" is essential for effectively implementing them and advancing the development of the electricity auxiliary service market [2] Group 1: Practical Foundation - The current construction of China's electricity auxiliary service market has made significant progress, but there are complex interconnections between various market types, necessitating the need for clear definitions and regulations [3][4] - The historical development of the auxiliary service market has provided rich practical experience, with the first peak regulation market launched in 2014, indicating the market's active role in ensuring system stability and promoting renewable energy consumption [4][5] Group 2: Systematic Nature - The "Rules" represent the first comprehensive and systematic regulatory document for the electricity auxiliary service market, covering all aspects such as market members, market establishment, transaction organization, and risk management [6][7] - The "Rules" emphasize the unified process for establishing and trading in the auxiliary service market, detailing specific requirements for each stage of market operation [7][8] Group 3: Safety Requirements - The "Rules" prioritize safety in the operation of the electricity auxiliary service market, defining auxiliary services as essential for maintaining the stability and safety of the power system [10][11] - Responsibilities for safety are clearly assigned to market participants, with the electricity dispatching agency tasked with ensuring that the auxiliary service market operates under safety protocols [11][12]